Getting ready to buy your first home? This is an exciting time, but it can also be an overwhelming one. Even though taking out a mortgage on a home is something that you probably...
After a mortgage application has left the hands of the processor, it moves to the desk of the underwriter. The underwriter acts as a gatekeeper in the loan approval process. When purchasing a home, the loan cannot close or be funded without the approval of an underwriter.<br>Mortgage loan approval i
How renovation mortgages offer useful options to homebuyers and homeowners
4 Tips to help Realtors prepare buyers/properties for the mortgage process and ensure that all critical information is promptly relayed to the lender.
Looking to put an apartment building under contract? Be sure to ask these 10 questions BEFORE you apply for a loan to ensure a smooth closing!
Renovation mortgages let homebuyers get one loan that combines the purchase price with the cost of improvements. But the devil is in the details.
With mortgage rates on the rise, how do your clients know when it is the right time to lock in a rate? Here are four cases of when they should lock in their rate right away.
Once you have signed a contract for the purchase of your new home (or condominium or cooperative apartment), and assuming you do not have all of the cash in your bank account, you will need to obtain a mortgage loan.
When building a new home from the ground up, there are two primary choices borrowers have. A construction loan and a construct-to-perm loan. Both are...
Making the real estate purchase of a lifetime is a big decision. For many individuals and businesses, this means looking for a good mortgage loan deal. Mortgage brokers are an indispensable partner in this process. Today they are the most popular sellers of mortgage products because their role is to be the intermediaries between buyers and lenders.
A home equity loan -- also known as a second mortgage -- is when a mortgage lender lets a homeowner borrow money against the equity in his home.
Applying for a new home mortgage or refinancing your current loan? Learn more about one of the most critical but commonly overlooked steps: the appraisal.
For Dime, it was imperative to find professional, experienced team members who know every part of the lending cycle, inside and out.
A new paper looks at the science of a craven question: When does it make business sense to leverage racial fears?
Technology touches every part of our lives, and there is virtually no industry that hasn't been touched by changes in technology the last 20 or 30 yea...
Deciding how much to spend on a home is a very important life decision. Most people want to do more in life than make a mortgage payment.
What Are The Mortgage Options For Home Renovation Loans Do you know all the options for home renovation loans? Over the years in my work for a mortgage company, I've been asked about the various options for home renovation mortgages numerous times. Before tackling a significant financial decision, most people would like to have some idea as to how a renovation loan works. Having the right…
The Loan Estimate has been redesigned to disclose of the features, costs & risks of the particular mortgage loan for which a consumer has applied earlier.
Getting an appraisal is an important part of the mortgage process. Learn more about getting a home appraisal and what to expect if you live in a rural area.
There are many parts to a healthy housing market. Whether you’re talking about home prices, mortgage rates, new home construction, or another housing metric, each one of them have an effect o…
Chattel mortgages, FHA loans and conventional loans are a few options you should consider.